USDCAD achieves good gains – Analysis - 12-11-2018

Economies.com
2018-11-12 05:03AM UTC

The USDCAD pair provided more positive trading to settle near 1.3200 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, organized inside the bullish channel that appears on the chart, reminding you that our waited targets reach 1.3300 followed by 1.3382 levels.

 

The EMA50 supports the expected rise, which its continuation conditions holding above 1.3128.

 

Expected trading range for today is between 1.3120 support and 1.3270 resistance.

 

Expected trend for today: Bullish

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